Ann: Widespread significant copper mineralisation at Picha, page-43

For those of you following what is actually making this market move, you'll have noticed that:

- Spot U was up about $3 overnight.
- Sprott Physical Uranium Trust issued so many units that they now have $78m in cash for stacking and are trading at a 7% premium to NAV (meaning they can stack much more in the coming days).
- In the last 6 business days, SPUT has stacked 1.8m lb of U308.
- URA, the biggest Uranium ETF out there, had its biggest day of volume on record last night.
- At the end of September, the term (contract) price of uranium was $45.
- Uranium seasonality typically kicks off in October and continues until the end of the year.

VAL are sitting on a bunch of well positioned tenements in what is elephant country for uranium in a Tier 1 jurisdiction. If this leg down is over (and a huge green day on volume would be a decent sign that it is), we're all due for another taste of the price action from late August/early September.

To keep up to date on this uranium bull market, best to follow @quakes99 and @uraniuminsider on Twitter.

Good luck to all holders.